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Crypto Prune > News > Crypto > Bitcoin > What will happen to Bitcoin price this week after mental breakdown?
Bitcoin

What will happen to Bitcoin price this week after mental breakdown?

2 months ago 4 Min Read
Editorial you can trust Content is reviewed by leading industry experts and experienced editors. Advertising disclosure

A crypto analyst has published a detailed psychological analysis outlining what investors, traders, and market watchers should expect from Bitcoin prices this week. This report focuses on market trends that have remained largely unchanged. continue the bearish trend To a new low.

Bitcoin price prediction for this week

Cryptocurrency market expert Dr. Profit, released A compelling report examining ~ Bitcoin price fluctuation this week. In this analysis published in X, he explained that Bitcoin has seen little meaningful price movement since November 2025. Price trends remain flat and consolidatedanalysts see this as a bearish sign that could eventually lead to a further crash below the $80,000 zone.

Dr. Proffitt revealed that he had been anticipating Bitcoin’s current consolidation for months. He warned that sideways movements will dominate the market before BTC faces a sharper decline. That warning still stands, cautious, bearish outlook For major cryptocurrencies.

The analyst confirmed that he still holds Bitcoin as he expects it to fall. short position From $115,000 to $125,000. He stated that additional shorts will only be considered if BTC returns to the $97,000 to $107,000 range, and not before that. Dr. Profit also revealed that his first short, around $97,000, has already been filled and another short has a position near $98,000.

The analyst shared a detailed price chart showing all short positions and Bitcoin’s “top territory” around $120,000. Several additional orders have also been placed between $97,000 and $110,000 to manage risk during the cryptocurrency’s lengthy consolidation phase.

See also  Bitcoin retail demand plummets below $400 million — what does this mean for price?
bitcoin price
Source: X

Beyond the technical structure, the report highlighted that January 21, 2026, marking the expected release, is an important date for the cryptocurrency market. CLARITY Act Bill. Dr. Proffitt emphasized that once the bill is published, institutions and traders will have a clear understanding of the regulatory framework, who will regulate cryptocurrencies, how exchanges will be treated, and whether new rules will favor or restrict the industry.

Even if you don’t vote right away US Senate Banking CommitteeDr. Proffitt noted that the announcement of the bill alone could move the market. He explained that transparency removes uncertainty in the market, which is a powerful catalyst for price movements. especially, vote on the bill is scheduled for January 27th, and its outcome will shape the future of cryptocurrency regulation and influence price movements.

Analysts remain very bearish on Bitcoin

Dr. Proffitt said in his report that he still remains. very bearish in the marketI hope they take another step back and officially confirm his bear market paper. He said there is no latest information that invalidates his outlook or supports a new bullish narrative. His chart predicts a possible decline towards the $70,000 to $75,000 range. With Bitcoin currently trading above $92,500, this represents a drop of more than 20%.

Bitcoin price chart on Tradingview.com
BTC plummets | Source: BTCUSD on Tradingview.com

Featured image created by Dall.E, chart on Tradingview.com

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See also  On-chain dollars hit 2.3% of global payments: Why Bitcoiners should be careful

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